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Friday, January 02, 2009

Madoff-ization

Staying Clear of Industry Madoff-ization
http://www.idexonline.com/portal_FullEditorial.asp

Chaim was spot on. Only when the tide goes out do you discover who's been swimming naked. The spillover effects from the credit crisis is unfolding at amazing speed worldwide. I think the diamond industry need Warren Buffett-like personalities to instill confidence. Chains of habit are too light to be felt until they are too heavy to be broken.

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